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ECONOMIC ASSESSMENT

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LOG: week

 

1. Introduction

2. Costs & associated costs

— Capital costs for Scotland
— Capital costs for Catania

— Capital costs for Phoenix

3. Revenue

4. Economic analysis

5. Conclusions

 

CONCLUSION

The economic analysis shows that the system is not feasible when the dwelling is located in areas where distribution grid is available.

Nevertheless, when the dwelling is isolated from the national grid, connection costs and electricity expenses over 25 years are over the cost of PV-hydrogen system studied.

For all what has been said in this assessment, we believe that the system we have studied is a desirable option for houses isolated from the national distribution grid.

           

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Enquiries and comments to pvhydrogen@strath.ac.uk
Energy Systems Research Unit
University of Strathclyde
Glasgow